Online Pharmacy

Is Mankindss Pharma IPO worth a subscription? Here's what brokerages

In the grey markets, shares of Mankind Pharma enjoyed a premium of Rs 90, which translated to a likely listing price of Rs 1,170 per share on the upper price band

House panel wants e-pharmacy rules in place asap, MoHFW to act soon

Meanwhile, e-pharmacies say they are open to working with the Ministry and regulators for any alignment required

Flipkart in talks to acquire Bengaluru-based e-pharma player Pharmallama

The deal may result in Flipkart gaining access to technologies of the platform, the people said on condition of anonymity

India's drug regulator serves show-cause notice to online pharmacies

Gives firms two days to respond to allegations that they flouted rules

Withdrawal of start-up IPOs take wind out of sails of unlisted market

Share prices, trading activity slump amid rising uncertainty for startup listings

Udaan to provide medicine delivery to pharmacies every 4-hour

As part of the new service offering, Udaan will provide medicine delivery to pharmacies every 4-hour with 4 delivery slot options in a day to order medicines across six cities

Online pharmacy platform Tata 1mg turns unicorn after raising $40 mn

Funding round was led by Tata Digital; Tata 1mg has become 105th unicorn in India

Start-ups collaborate with chemists, shake up offline pharma business

Some are managing supply-chain backend for retail pharmacies, right from stockist to chemist, others are offering telemedicine kiosks at chemist outlets, and digitising pharmacies

Regulations needed to safeguard patient privacy, personal data: CCI

It said online pharmacies should adopt self-regulatory measures in the areas of collection, use, sharing of data and privacy

PharmEasy parent API Holdings in talks with SoftBank to raise $100-200 mn

Softbank is still evaluating proposal. The firm aims to acquire a company in the healthcare space and to clear loans raised earlier, says source

PharmEasy parent to acquire 66% stake in Thyrocare for Rs 4,546 cr

PharmEasy will retain the Thyrocare brand

Apollo's digital platform move may fuel consolidation, benefit consumers

Apollo will merge its online and offline pharmacy businesses (excluding hospital pharmacies) and telemedicine verticals into a single entity called Apollo HealthCo

Medlife to cease operations, merge with PharmEasy this week

PharmEasy cofounder Dhaval Shah wrote on LinkedIn that the merged entity will be India's largest online healthcare delivery platform, serving over 2 million families every month.

Tata Digital infuses Rs 100 cr debt in online medicine startup 1mg: Report

The move ahead of the Gurugram-based firm's acquisition by the Tata Sons arm

India's E-pharmacy segment mints its first unicorn, raises $350 million

The firm is already raising its next round at a valuation of about $1.8 billion, the person said, wishing to remain anonymous as the fresh round is still underway

Ratan Tata-backed startup Generic Aadhar launches pharmacy aggregator app

The startup procures generic medicines from around nine major pharmaceutical manufacturers

Apollo Hospitals opens QIP with floor price of Rs 2,508.58 a share

Sources said that the hospital chain is targeting large Domestic Mutual Funds, Sovereign Funds

India's favourite dish: A Biryani ordered per second, on Swiggy in 2020

The order analysis is based on millions of orders received by Swiggy

The next online tonic: E-majors, corporate giants eye e-pharmacy business

Amazon, Reliance recently announced their foray into e-pharma sector

Amazon launches online pharmacy in new contest with drug retail

Called Amazon Pharmacy, the new store lets customers price-compare as they buy drugs on the company's website or app.